March 16, 2018. Cleveland, OH – is proud to announce its participation in the Department of Homeland Security’s Sector Coordinating Council (SCC) for the Election Infrastructure Subsector. The Council, which is a cooperative effort between the DHS, the Election Assistance Commission (EAC), The National Association of Secretaries of State (NASS), The National Association of State Election Directors (NASED), and state and local election officials, will facilitate joint engagement between public and private entities to coordinate efforts to make the United States’ voting infrastructure as secure as possible.
The SCC will also be comprised of private sector companies, including Votem, that have an interest in making American elections more secure and threat-resistant. Votem is joined in the council by 23 other companies, ranging from elections providers to major publications, that have a stake in the success and betterment of domestic elections.
Votem’s membership on the SCC will offer the company the unique opportunity to weigh in on the most prescient security issues facing the U.S.’s election infrastructure, including questions of how to prevent meddling in the upcoming 2018 Midterms.
“Votem is honored to be a founding member of the Sector Coordinating Council (SCC) which was formed to defend the U.S. elections infrastructure. We believe that the SCC, in conjunction with the Government Coordinating Council (GCC), will help usher in an era of unprecedented security in our elections.”
-Votem CEO Pete Martin
About Votem
Votem is a blockchain mobile voting platform enabling citizens around the world to easily vote online with a level of verifiability, accessibility, security and transparency that does not currently exist. Founded in 2014 by CEO, Pete Martin, Votem’s mission is to change the way people vote and believes that mobile voting will lead to positive change in the world by providing voters with complete transparency, thus shaping the future of democracy. Having conducted nine elections for both private and public clients, Votem has received praise and accolades from various institutions including the Cleveland Technology Awards and OHTech Best of Tech Awards.
The mobile voting platform is in its public pre-sale of Simple Agreement for Future Tokens (SAFT) for its VAST tokens that is currently only open to accredited investors. The public pre-sale is scheduled to close on March 29th, 2018.
Visit the for more details.
Read the whitepaper
The “2018 Economic Report for the President” has recently been published with a whole chapter dedicated to cryptocurrencies like bitcoin, ethereum, and the future of blockchain regulation.
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New Innovations and Markets Presents America’s Regulatory and Legislative Institutions With Unique Challenges
Every year the U.S. Congress publishes an economic report that discusses a variety of subjects that affect the economy such as technology, opioid abuse, employment rates, and the stock market. This year’s “” features a whole chapter focused on bitcoin, initial coin offerings (ICOs), and blockchain technology. Chapter nine is called, “Building a secure future, one blockchain at a time.” The congressional study takes note that last year cryptocurrencies had entered a mainstream awareness phase.
“Blockchain technology — providing cybersecurity and many other potential benefits—broke into the mainstream in 2017 driven by widespread interest and surging valuations in digital currencies such as bitcoin and ethereum,” explains the report.
These new innovations and markets presented America’s regulatory and legislative institutions with unique challenges as well as technology that could revolutionize the world’s digital landscape and economy.
The Study Compares Cryptocurrencies to the Internet
The economic study is meant to use analysis and create conclusions in order to assist individual government committees and Congress. Chapter nine calls 2017 “The Year of Cryptocurrencies,” and the technology’s phenomenal rise is considered a significant economic event that stands out to the report’s researchers. The study also emphasizes how well traditional stocks did last year, but they did not compare to digital asset markets.
“While both stock market measures experienced strong growth, cryptocurrencies dwarfed their performance,” explains the government research.
The buzz surrounding digital currencies resembles the internet excitement in the late 1990s when people recognized technology companies could change the world — Many internet companies launched and their valuations took off in short order — Many failed, but a few succeeded spectacularly and challenged the conventional ways of doing business.
The U.S. 2018 Economic Report. Chapter 9.
Regulations Must Curtail Crypto-Growing Pains and Misuses
Of course, the report details that control is needed for these nascent technologies. It also highlights the possibility of fraud within the but recognizes how well the crowdfunding solution performed last year. Further, the paper explains how there has never been any evidence of anyone “hacking a blockchain’s underlying protocol, but digital currencies are still vulnerable to theft.” The report details that U.S. officials must combine efforts to combat “growing pains and misuses.”
“Policymakers, regulators, and entrepreneurs should continue to work together to ensure developers can deploy these new blockchain technologies quickly and in a manner that protects Americans from fraud, theft, and abuse, while ensuring compliance with relevant regulations,” the 2018 economic report researchers conclude.
What do you think about the U.S. government’s 2018 Economic Report dedicating a whole chapter towards bitcoin, and blockchain technology? Let us know what you think about this subject in the comments below.
Images via Shutterstock, and the 2018 Economic Report.
Do you like to research and read about bitcoin technology? Check out ’s page for an in-depth look at bitcoin’s innovative technology and interesting history.
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